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Sensex falls by 189.43 pts on brisk sell-off ahead of expiry of August Futures & Options series

Sensex falls by 189.43 pts on brisk sell-off ahead of expiry of August Futures & Options series

Mumbai, Aug 28 (UNI) The BSE Sensex fell on Wednesday by 189.43 points to end volatile session on a negative note at 37,451.84, snapping the gaining streak of last three sessions, as investors rolled-over positions on eve of expiry of the August Futures & Options (F&O) series amidst weak cues from global peers over uncertainty over resumption of trade talks between China and the United States.

The National Stock Exchange (NSE) too slipped by 59.25 points to 11,046.10.

Markets witnessed another volatile trading session on Wednesday as investors rolled-over their positions ahead of the August Futures & Options (F&O) series expiry due on Thursday. Even, uncertainty over resumption of trade talks between China and the United States kept investors on the sidelines.

The Sensex opened up at 37,655.77 in early trade and then oscillated in the range of 37,687.82 and 37,249.19 during the day before closing at 37,451.84, sliding by 189.43 points compared with its last close.

The Nifty registered day's high and low at 11,129.65 and 10,987.65 points, respectively.

The brisk sell-off in sectoral indices like Power, Oil & Gas, Bankex, Health Care and Consumer Durables dragged the market down today, along with scrips of Yes Bank, Tata Motors DVR, VEDL and Tata Steel.

The broader markets underperformed the Sensex, as the S&P BSE Mid-cap index and the Small-cap lost 0.92 per cent and 0.64 pc, respectively.

The market breadth was weaker on BSE, as 953 shares gained while 1,585 fell and 146 were unchanged.

Elsewhere in the world, European markets were trading lower while Asian stocks closed mixed on Wednesday, as deeper worries about the global economy affected the investors' sentiment.

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